David Edwards King County Real Estate

Pacific Northwest Events Calendar Updated 02/08/2008!

As the balmy breezes give way to brisk ones, it becomes increasingly clear that winter has come upon us; and with the changing of the season, we close another chapter of events that have come to define autumns in the Pacific Northwest.

Nonetheless, when one door closes, another opens and with that, we are given an opportunity to enjoy the vast array of winter activities that are also unique to our region.

If you are looking for things to do in Renton and the surrounding area, I have updated my Local Community Events Calendar found online at:
http://www.davidjedwards.com/events-calendar.asp

There are literally hundreds of pacific northwest events on the calendar. Some of the most recent additions have been added to the pre-school programs page and are listed below.

Club: Cedar River Quilters
This group meets on the third Tuesday of each month from 6:00 to 8:30 PM. Dues are $24 per year. This group also meets the first Tuesday of the month to make quilts for premature babies at Valley Medical Center, Salvation Army, 720 S. Tobin St., Renton. 425-687-2884.

Club: Networking
The Renton iTakeTheLead Business to Consumer Networking Breakfast meets on Wednesdays from 7:30 AM to 8:30 AM at Plum Delicious, 3212 N.E. Sunset Blvd., Renton WA 98056. For more information about joining the club or stopping in for a visit, please call David Edwards at 425-890-8045 or visit www.itakethelead.com.

Music: Jazz Tuesdays: 5-8 PM
Cost: Free. IKEA Restaurant, 601 SW 41st St., Renton. www.ikea-usa.com/seattle
February 12th: Scott Lindenmuth
February 19th: Jovino Santos Neto
February 26th: Patty Padden Trio
March 4th: Randy Halberstadt
March 11th: Darren Motamedy
March 18th: Ed Taylor
March 25th: Michael Powers

Theater: The Complete Works of William Shakespear (Abridged) - February 15th - March 2nd
Renton Civic Theater, 507 S. Third St. 425-226-5529 or boxoffice@rentoncivictheater.org. Show prices: $15-$20.

Theater: Spider's Web - Through February 17th
Valley Community Players presents the classic Agatha Christie whodunit. Carco Theatre, 1717 Maple Valley Highway, Renton. 425-430-6706.

Music: Choklate - February 23rd - 7:30 PM
Cost: $10. Carco Theatre, 1717 Maple Valley Highway, Renton. 425-430-6751.

Theater: "3 Pigs" - March 1st 11:00 AM & 1 PM, March 2nd 1:00 PM & 3:00 PM
Zany participatory theater offers musical fun for all ages. Presented by StoryBook Theater. Cost: $8.00. Carco Theatre, 1717 Maple Valley Highway, Renton. 425-430-6706 or 877-827-1100.

IKEA Kids Club "Bunny Hop" - March 23 - 10:00 AM - 1:00 PM
Children can pick up an Easter bag at the entrance and hunt for prizes throughout the store. Cost: Free; first come, first served basis while supplies last. IKEA, 601 S.W. 41st St., Renton. www.ikea-usa.com/seattle.

Theater: Funny Money - April 4th - 20th
Switched briefcases result in no end of confusion, and hilarity, in this farce. Performed by Valley Community Players. Carco Theatre, 1717 Maple Valley Highway, Renton. 425-430-6706.

Theater: Steel Magnolias - April 11th - 27th
Renton Civic Theater, 507 S. Third St. 425-226-5529 or boxoffice@rentoncivictheater.org. Show prices: $15-$20.

Theater: The Patient, One Act - April 20th - 21st and 27th - 28th
Renton Civic Theater, 507 S. Third St. 425-226-5529 or boxoffice@rentoncivictheater.org. Show prices: $15-$20.

Theater: I Do, I Do - June 13th - 29th
Renton Civic Theater, 507 S. Third St. 425-226-5529 or boxoffice@rentoncivictheater.org. Show prices: $15-$20.

If you have something you would like to see added to the calendar, please submit your request by responding to this post with a comment. Please limit your event postings to those taking place in Washington State's King, Pierce, Thurston, Snohomish, Skagit, Lewis, Mason, Island, Grays Harbor and/or Kitsap counties.

Event information is subject to cancellation or change. Please phone ahead to confirm event dates, times and costs.

Have a great weekend!

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

I just heard that Coal Creek Parkway will be closed at May Creek Bridge (between SE 95th Way and SE May Valley Road) on February 13th, 14th, and 15th, 2008, from 4 am to 6 pm, to facilitate placement of several large concrete girders for the new bridge being constructed. All lanes will be closed. A detour route will be established along Sunset Boulevard/ 148th Avenue SE/ SE May Valley Road. For more information you can log onto the website at coalcreekparkway.com.

Best Regards,

David Edwards

REALTOR

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Mobile Site: http://davidjedwards.mofuse.mobi/

David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.

Updated Renton Real Estate, Newcastle Real Estate & South Bellevue Real Estate Market Statistics (As of February 4th, 2008)

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Statistics, Marketing Reports, Renton

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 100 Days (Up from 99 Last Week)
Inventory of Active Listings: 423 (Down from 435 Last Week)
Inventory of Sold Listings: 322 (Down from 328 Last Week)
54 listings are absorbed by demand each month on average. (No change from Last Week)
7.83 Months Worth of Supply (Down from 8.05 as of Last Week)
Average List Price: $886,871 (Down from $896,229 Last Week)
Average Sale Price: $744,175 (Down from $748,012 Last Week)

Analysis of MLS Area 500 for Single Family Homes: A balanced market is a supply of listings not exceeding 6 months. This area currently favors buyers over sellers but the absorbtion rate (the amount of time it would take to sell all the current listings if no other listings were added) has come down indicating that the market is moving towards a balanced market. The gap between list price and sales price has been closing for the last six months which is also indicating that we are headed towards a balanced market between buyers and sellers.

Condominiums
Average Days on Market: 60 Days (No change from Last Week)
Inventory of Active Listings: 113 Active Listings (Down from 119 from Last Week)
Inventory of Sold Listings: 184 (Up from 183 Last Week)
31 listings are absorbed by demand each month on average. (Down from 32 Last Week)
3.65 Months Worth of Supply (Down from 3.9 Last Week)
Average List Price: $330,657 (Down from $332,714 Last Week)
Average Sale Price: $306,221 (DOwn from $307,824 Last Week)

Analysis of MLS Area 500 for condos: The average list price and the average sale price have come down two weeks in a row. Accurately priced condos are selling quickly as a result of their affordability in contrast to single family homes in the same area. The average days on market have remained at 60 for three weeks in a row. The absorbtion rate has gone down indicating a market that favors sellers over buyers.

MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 95 Days (No change from Last Week)
Inventory of Active Listings: 437 Active Listings (Up from 434 Last Week)
Inventory of Sold Listings: 332 (No change from Last Week)
55 listings are absorbed by demand each month on average. (No change from Last Week)
7.95 Months Worth of Supply (Up from 7.89 Last Week)
Average List Price: $554,497 (Down from $555,247 Last Week)
Average Sale Price: $459,181 (Up from $457,318 Last Week)

Analysis of MLS Area 350 for Single Family Homes: The average days on market have been steadily inching upwards over the course of the last six months but they held steady last week indicating a possible shift in this trend. List prices have remained consistently higher than average sale prices but average sales prices have not seen significant declines. In fact, the average list price is going down while the average sale price is going up indicating a possible return to balance. Accurately priced homes are selling quickly and overpriced listings are driving the average days on market upwards. This area currently favors buyers over sellers.

Condominiums
Average Days on Market: 64 Days (No change from Last Week)
Inventory of Active Listings: 71 Active Listings (Up from 66 last week)
Inventory of Sold Listings: 65 (Up from 63 Last Week)
11 listings are absorbed by demand each month on average. (Down from 10 from Last Week)
6.45 Months Worth of Supply (Up from 6.28 Last Week)
Average List Price: $258,037 (Down from $258,567 Last Week)
Average Sale Price: $228,898 (Down from $229,291 Last Week)

Analysis of MLS Area 350 for condos: Some of the most affordable condos in King County can be found in this MLS Area. Prices have been down for two weeks in a row but have not dipped significantly. This market is balanced between buyers and sellers.

MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 84 Days (Down from 86 Last Week)
Inventory of Active Listings: 345 Active Listings (Up from 348 Last Week)
Inventory of Sold Listings: 292 (Down from 294 Last Week)
49 listings are absorbed by demand each month on average. (No change from Last Week)
7.04 Months Worth of Supply (Up from 6.89 Last Week)
Average List Price: $435,321 (Down from $435,999 Last Week)
Average Sale Price: $383,128 (Up from $384,371 Last Week)

Analysis of MLS Area 340 for Single Family Homes: This market was trailing MLS Areas 500 and 350 six months ago in terms of days on market and appreciation for single family homes but has remained steady in recent months as the other areas have struggled to gain footing since the mortgage crises in August of 2007. Days on market have actually come down slightly and average sales prices have actually come up slightly. MLS Area 340 slightly favors buyers.

Condominiums
Average Days on Market: 70 Days (No change from Last Week)
Inventory of Active Listings: 87 Active Listings (Down from 94 Last Week)
Inventory of Sold Listings: 86 (Down from 87 Last Week)
14 listings are absorbed by demand each month on average. (No change from Last Week)
6.21 Months Worth of Supply (Down from 6.48 Last Week)
Average List Price: $243,665 (Down from $243,903 Last Week)
Average Sale Price: $234,862 (Down from $235,109 Last Week)

Analysis of MLS Area 340 for Condos: Just like single family homes in this area, condos are holding steady in terms of days on market which has had no change since last week. At 6.21 months of supply, this market is balanced between buyers and sellers but the average list price and sale price have been down slightly for two weeks in a row.

If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at http://www.davidjedwards.com/ where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service. The analysis of each MLS Area is based on the market statistics but is the personal opinion of the author.
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com/
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Regional News, Renton, Roads & Transportation

Crews in cranes pour bridge piers along I-405 in Renton

Daytime drivers on I-405 in Renton and Tukwila may have noticed large cranes along the side of the southbound lanes. Construction crews are widening the I-405 bridge over Oakesdale Way SE and Springbrook Creek. Crews are using two cranes , visible from the freeway, to drill large holes and pour bridge piers that will support the new bridge. The work is part of the I-405 - I-5 to SR 169 Stage 1 Widening project that will add a lane in each direction on I-405 between I-5 and SR 167. The project is scheduled to be complete in summer 2010.

Heads up: nighttime delays coming to northbound I-405 near Coal Creek Parkway

For our safety, the Washington State Patrol will conduct a total of six short rolling slowdowns on I-405 Monday and possibly Tuesday nights, Feb. 4 and 5 while construction crews work on the I-405 bridge over Coal Creek Parkway. This work is part of the I-405 South Bellevue Widening project. For more information about project closures and updates visit the project Web site and their King County construction update report weekly.

David Edwards

REALTOR

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Mobile Site: http://davidjedwards.mofuse.mobi/

David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.

"Renton. Ahead of the Curve" TV Ad Airs

Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Videos, News & Media, Regional News, Renton

The Renton Community Marketing Campaign showcased the city and its brand "Renton. Ahead of the Curve" in a television commercial first aired during the NFC Wild Card game which the Seattle Seahawks won 35-14 over the Washington Redskins. The ad will also air during the Super Bowl XLII pre-game show. The ad Features John Keister, the contrite comedian who used to pan Renton for its blue collar image on KING-TV's "Almost Live." To read the press and download the ad click here.

David Edwards

REALTOR

Keller Williams Realty Southeast Sound

Phone: 425-890-8045

E-Mail: david@davidjedwards.com

Website: http://www.davidjedwards.com/

Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

Mobile Site: http://davidjedwards.mofuse.mobi/

David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Renton, Newcastle and South Bellevue Washington.